Nathan Berman - Jun 30, 2021 Form 4 Insider Report for Exactus, Inc. (PLSH)

Role: CONTROLLER & PRIN ACTNG OFCR
Signature: /s/ Nathan Berman
Stock symbol: PLSH
Transactions as of: Jun 30, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/6/2021, 05:28 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLSH	Common Stock	Award		+497K			497K	Jun 30, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PLSH	Stock Options (Right to Buy)	Award	$0	+497K		$0.00	497K	Jun 30, 2021	Common Stock	497K	$0.10	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares of common stock of the Issuer were acquired in exchange for shares of common stock of Panacea Life Sciences, Inc. ("Panacea"), in connection with the Securities Exchange Agreement dated June 30, 2021 by and among the Issuer, Panacea and the shareholders of Panacea.
F2	One-half of the stock options vest upon the effective date of a 1:28 reverse stock split of the Issuer's common stock, and the remainder vest on June 30, 2022, subject to continued employment with the Issuer.